Shri Gang Industries FY26: Growth Holds, Margins Compress as Capacity Plans Build

FY26 net revenue was INR 366 crore, EBITDA was INR 36 crore, and PAT was INR 19 crore as per the consolidated FY26 income statement shown in the presentation.

The presentation states FY26 revenue from Diageo contracts was INR 236 crore, representing about 64 percent of total revenue.

The presentation highlights 10 bottling lines with about 5.6 million cases annual bottling capacity and a 66 KLPD grain-based ENA distillery.

The presentation mentions Golden Cascade and Bulldozer (including Bulldozer Black Rum shown in the document context) as the company’s UPML owned brands.

The company states ENA distillery expansion capex of INR 39 crore is planned in phases, with about 25 percent in FY27 and the balance in FY28. It also notes bottling expansion under consideration from 5.6 million to 10 million cases.

The presentation states the company has an LOI from Tilaknagar Industries for 2 lakh cases per month, with the associated bottling line expected to be commissioned by the end of FY27.